Broker News

Non-major intermediary chiefs to swap roles

Two leaders in Suncorp Bank’s intermediaries team are set to swap roles from the start of next year for 12 months.

Steve Degetto, head of intermediaries, and Mark Vilo, head of wealth and life intermediaries, will swap into each other’s role from 1 January 2017.

Suncorp’s Andrew Mair, who was responsible for integrating Suncorp’s intermediary businesses in July 2016, says the role changes give its intermediary partners the chance to benefit from the diversity of different leadership.

“The role changes demonstrate the breadth of talent across Suncorp and the initiative underlines Suncorp’s commitment to being the partner of choice for intermediaries,” he said in a media statement.

Mair highlights Vilo (pictured below) has more than 25 years’ of financial services experience and has been integral in the development and implementation of sales, product and marketing strategies across the independent financial advisers’ market.

“I have no doubt he will continue to build on the excellent results [Degetto] has delivered for our banking brokers over the past three years.”


Vilo says he is thrilled about the new role.

“I’m looking forward to working in a dynamic market that shares similar challenges and opportunities that are being experienced in the independent financial advice market.”

Mair notes Degetto (pictured below) has spent the majority of his 20 years in the finance industry based in the intermediary channel.

“He has been instrumental in reshaping the business to deliver quality, sustainable growth and an exception proposition for broker partners and their customers, culminating in being named MFAA 2016 non-major lender [of the year].”

Degetto says he is proud of what the team has achieved over the past few years.

“I am looking forward to the opportunity to develop my expertise in a different type of intermediary business,” he adds.

Published on: Friday, December 02, 2016

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